VoD market worth $45bn by 2018

MarketsandMarkets forecasts the VoD market to grow from $21.08 billion in 2013 to $45.25 billion in 2018, at a CAGR of 16.5 per cent during the forecast period.

In terms of regions, North America is expected to be the biggest market in terms of revenue contribution, while Asia-Pacific (APAC) and Latin America (LA) are expected to experience increased market traction, during the forecast period.

Major forces driving this market are

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